Tom's Blog
You have many choices on how you buy insurance but many people don’t understand there are major differences in the types of agents offering insurance protection. You can buy insurance directly from an insurance company (big mistake), use a captive agent or an independent agent. Here’s why you should trust an independent insurance agent with your protection.
First of all, there are two different types of insurance agents. A Captive Agent is typically an employee of the insurance company they represent. You can recognize this type of agent because they offer insurance products from only one insurance company. An Independent Insurance Agent offers insurance products from multiple insurance companies and is not an employee of any single insurance company.
We Work For You, Not The Insurance Company– Independent Insurance Agents look out for the best interests of their customers. Captive Agents are obligated to look out for the best interests of their employer especially when a claim occurs.
More Options Means More Savings For You Over The Long Term– Insurance companies base their rates on their profits. If a company suffers excessive losses (claims) over a period of time, their rates are most likely to go up. These losses could occur outside of North Carolina and their customers here in North Carolina could pay for these losses. For example, insureds from all over the country will be paying for the claims their insurance company lost in Hurricane Sandy. If you are insured with an agent that only has one option, guess what… that agent won’t be able to shop your insurance with any other companies. An independent agent can shop multiple companies anytime saving you money for years to come.
One Agent For ALL Of Your Insurance Needs– Independent Agents offer a much wider variety of insurance products because we are not tied to the products offered by just one insurance company. One insurance company isn’t going to offer every type of policy you may need and offer it at the lowest cost. By using an independent insurance agent for ALL of your insurance needs, not only will you save money but you have one agent to call and provide you service for all of your policies.
